š What story are you telling?
Strategies for more compelling sales narrativesābacked by data
Successful sales and marketing strategies evolve with your audienceās changing needs, interests, and pain points.
This week, weāre talking about the most impactful adjustments you could start implementing now.
Todayās agenda:
ā Infusing stories into sales
š The immense value of customer data
š» Should you be on Reddit?
š¼ Briefly: One-pagers and event engagementĀ
ā±ļø Up & coming: Budgeting in the age of AI
š What makes a compelling sales story?
Sales requires persuasion, and persuasion involves good storytelling, writes consumer anthropologist Gina Fong and storytelling coach Esther Choy for Harvard Business Review.
According to the authors, a ācompelling storyā involves:
Listening
Making an emotional connection
Thinking from your customerās point of view
š£ļø The key to more effective sales stories
Compelling stories that convince your prospects you can meet their needs are built from the following:
Identifying their obstacles: What is the barrier they need to overcome? And how does your product/service help them overcome it?
Creating a shared sense of understanding: Dive into the customerās point of view to truly understand (on an emotional level) why they should care about what you have to offer
Telling a different story: Shift your story/sales pitch to meet the unique needs and perspective of the customer
š” You may think you know what sets your product/service apart, but donāt get so stuck on this view that you forget to address the real concerns of those standing in front of you.
Shifting your story is merely reframing it to meet your customerās needsāand you can only tap into this by listening to and understanding what these are.
šŖ Data = better marketing
A recent survey of customer engagement decision-makers from around the world found that leveraging customer behavioral signal data in their marketing leads to:
Improved performance marketing (56%)
Increased investment in content marketing (52%)
Improved segmentation (48%)
Improved brand strategy and identity (44%)
ā In turn, these improvements lead to higher customer satisfaction, revenue, and team productivity.
š” Customer behavioral signal data is information collected on the actions and behaviors of customers as they interact with a brand or its products and services.Ā
This data includes:
Browsing history
Purchase behavior
Engagement metrics
Search queries
Are you using this data to fuel your marketing strategies?
š¬ Is Reddit worth your time?
Reddit is among the top 10 social media websites in the world, but itās not well known as a marketing tool.
However, in 2024 social media user preferences are shifting to desire deeper connection, engagement, and usefulness, and Reddit ticks all of these boxes.
Additionally, Reddit forums are so influential that they frequently appear in Google search resultsāand OpenAI and Google recently made deals with Reddit for future AI use.
What can businesses do with Reddit?
Search Engine Journal compiled a few examples of how brands have successfully used Reddit in the past, including:
Noosa Yoghurtās back-to-school campaign
Sony Pictures Germanyās campaign to promote a new Spider-Man movie
However, your business could start by participating in subreddits related to your industry or niche, answering questions, providing valuable insights, or gathering insights about customers.
š” Marketing on Reddit is not quick or easy, but businesses that have a strong interest in forming deeper connections with their audience have the chance to reap great rewards.
Briefly
š Do you have a business one-pager? Here are tips, examples, and a free template for making oneĀ
š¤ Microsoftās chief communications officer says AI needs to be infused with emotional intelligence, and will help produce āthe next 1,000 Einsteinsā
āļø BlueSky, Xās (formerly Twitterās) biggest competitor, is now allowing direct messagesāand working on DMs that support images and videos
š» Microsoft announces its AI assistant, Copilot, can now āaccess virtually what you have seen or done on your PC in a way that feels like having photographic memoryā
š See examples of brands that turned in-person events into online engagement
š¦ X plans to soon remove public likes from a userās profile page, which means users will not be able to see what another user liked
Up & Coming
Technology has taken over marketingāhereās what you need to know about how itās impacting/could impact your budget.